[Book] Saving the Family Cottage

In Saving the Family Cottage, attorneys Stuart Hollander and David S. Fry, who is Of Counsel at Fraser Trebilcock, explain why problems arise when a vacation home is passed on to the next generation and offer practical suggestions on how to address this problem. It is a customized plan for their cottage, tailored to the family’s circumstances and requirements.  Mr. Fry recently completed updating the book for its 5th edition , which is now available.

The book covers how to incorporate succession planning for a vacation home into an estate plan and gives practical advice on such things as how to develop a cottage schedule, whether to establish an “endowment,” and how to allocate control between and within generations of owners.

The book is written in layman’s terms for the vacation home owner.  But, it also contains information that will be useful to attorneys and financial planners.

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